The latest system of national accounts (SNA93) recommended that purchases of software (and any own-account production) should be capitalised as long as the acquisition satisfied conventional asset requirements. This change added about 1% to GDP in most OECD economies in the mid-1990s. However,...

This paper examines the measurement of ICT diffusion, with a particular focus on investment. It explores the problems that exist in producing reliable measures of ICT investment and comparing them across countries. Special attention is also given to issues associated with the measurement and...